Runwal Enterprises was originally incorporated as ‘Propel Developers Private Limited’ on February 17, 2016. The name of the company was changed from ‘Propel Developers Private Limited’ to ‘Runwal Apartments Private Limited’ pursuant to a resolution of the shareholders dated December 24, 2020. Subsequently, the name of the company was changed from ‘Runwal Apartments Private Limited’ to ‘Runwal Enterprises Private Limited’ pursuant to a resolution of the shareholders dated December 23, 2023. Subsequently, the company was converted from a private company to a public company, pursuant to a resolution passed in the extraordinary general meeting of the shareholders held on September 3, 2024, following which the name of the company was changed to ‘Runwal Enterprises Limited’ on October 4, 2024.

The company is a real estate developer present across the full spectrum of real estate development, specializing in residential projects that cater to affordable, mid-income, and luxury segments, as well as commercial spaces, retail malls and educational buildings. Its real estate development business spans all activities related to real estate development, from the identification and acquisition of land through to the planning, execution, marketing and sales of its development projects.

Business area of the company 

The company is a real estate developer present across the full spectrum of real estate development.

Awards, accreditations and recognition 

• 2018: Project Runwal Bliss received an award for being the ‘Ultimate Luxury Residential Project - Central Suburbs’ at the Hindustan Times Real Estate Awards 2018 Mumbai.
• 2019: Project Runwal Forests received an award for being the ‘Luxury Project of the Year’ at Asia Real Estate Excellence Awards.
• 2019: Project Runwal Pinnacle received an award for being the ‘Most Admired Upcoming Project of the Year’ at Real Estate and Infrastructure Round Table and Awards
• 2020: The company received an award for being the ‘Developer of the Year (Residential)’ from the Global Real Estate Congress at Real Estate Awards 2020 presented by ET Now.
• 2020: Project Runwal Gardens received an award for being the ‘Integrated Township Project of the Year’ from Global Real Estate Congress.
• 2021: The company received an award for being the ‘Developer of the Year (Residential)’ in the Real Estate and Business Excellence Awards.
• 2021: Project Runwal Avenue received an award for being the ‘Best Upcoming Project of the Year’ from Global Real Estate Congress.
• 2022: The company was awarded the ‘Developer of the Year (Residential)’ in the Real Estate and Business Excellence Awards by CNN News18.
• 2022: Project Runwal Gardens received an award for being the ‘Best Selling Project of the Year’ in the Realty Conclave Excellence Awards - 2022 - West.
• 2023: Project Runwal Bliss received an award for being the ‘Best Residential Project Segment - Mid’ from CNBC - AWAAZ.
• 2024: Recognized and certified for being a ‘Great Place to Work’ (January 2024 to January 2025).
• 2024: Project Runwal Pinnacle received an award for being the ‘Best Ongoing Highrise Tallest Project of the Year’ at 7th Real Estate and Construction Industry Leadership Awards.
• 2024: Project Fifth Avenue received an award for being the ‘Best Retail Luxury Project of the Year’ at 7th Real Estate and Construction Industry Leadership Awards.
• 2024: Project Runwal Avenue received an award for being the ‘Best Residential Project of the Year’ at 7th Real Estate and Construction Industry Leadership Awards.
• 2024: Project Runwal Garden City received an award for being the ‘Best Residential Township Project’ from The Economic Times Real Estate Awards.
• 2025: Received the ‘EHS Team of the Year’ at the 6th Sustainability Summit and Awards 2025 by UBS Forums for Runwal City Centre by EHS.
• 2025: Received precertification of ‘Platinum’ from Indian Green Building Council for (IGBC) 7 Mahalaxmi - Pre-certified Platinum Green Building.
• 2025: Obtained ISO 9001: 2015; ISO 14001: 2015 and ISO 45001: 2018 certification for design, construction and facility management of residential and commercial buildings.
• 2025: Runwal Forests, 7 Mahalaxmi, Runwal Pinnacle and Runwal Gardens has been conferred the International Safety Award by the British Safety Council in 2025.
• 2026: Recognized and certified for being a ‘Great Place to Work’ (February 2026 to February 2027).
• 2026: Distinction Awards for Runwal Gardens, Runwal My City, Runwal Pinnacle, Runwal Forests, 7 Mahalaxmi, Runwal City Centre awarded with International Safety Awards by the British Safety Council for demonstrating a strong commitment to good health and safety management during 2025.
• 2026: Received certificates of appreciation at the Lifting India Safety Awards 2026 for successful completion of Runwal Forests and excellence in lifting safety management system for Runwal Gardens.
• 2026: Received the Safety Excellence award (High Rise Lifting) for Runwal City Centre.
• 2026: USGBC Gold Leed Pre Certification - Runwal BKC.
• 2026: Received the ‘Green Crusader’ award presented by the Bhamla Foundation.

History and milestones

• 2016: Incorporation of the company as ‘Propel Developers Private Limited’ pursuant to a certificate of incorporation dated February 17, 2016.
• 2017: Amalgamation of Runwal Homes Private Limited with the company.
• 2020: Change in name of the company from ‘Propel Developers Private Limited’ to ‘Runwal Apartments Private Limited’ pursuant to a certificate change of name dated January 13, 2021.
• 2022: Amalgamation of Ruhel Media and Entertainment Private Limited with the company.
• 2024: Change in name of the company from ‘Runwal Apartments Private Limited’ to ‘Runwal Enterprises Private Limited’ pursuant to a certificate change of name dated January 24, 2024.
• 2024: Conversion of the company into a public limited company, under the name ‘Runwal Enterprises Limited’.
• 2025: The company entered into a strategic partnership with Nishi-Nippon Railroad Co. Ltd, Japan for development of grade A commercial space in Kurla.
• 2026: Nexus Select Trust for development of an integrated shopping mall-cum-multiplex situated at Village Gharivali, Taluka Kalyan, District Thane.